Business

Uber Surges Most Since 2020 as Demand Eases Worries on Inflation

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In the three months ended June 30, Uber reported gross bookings, which encompass ride hailing, food delivery and freight, increased 33% to an all-time high of $29.1 billion. Adjusted earnings before interest, tax, depreciation and amortization rose $873 million to $364 million, far exceeding expectations. 



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